Coriander Gains On Bullish Demand

Coriander prices rose by 1.6 per cent on Thursday at the National Commodity & Derivatives Exchange Limited as a result of the limited stocks on account of restricted arrivals from the major growing belts.

At the NCDEX, coriander futures for April 2016 contract was trading at Rs. 6,360 per quintal, up by 1.6 per cent after opening at Rs. 6,230 against the previous closing price of Rs. 6,260. It touched the intra-day high of Rs. 6,370 till the trading.

Sentiment improved further as the investors enlarged their holdings tracking the surge in the demand for the commodity.